Sunday, October 28, 2018
How to Sell Your House Fast NY - Sell Now Homebuyers
Are you ready to sell your house, but you’re unsure of how to do it?
You’ve got quite a few options out there, from a realtor, to DIY sites like Zillow, to an investor. Maybe you’ve seen those signs around town that say ‘we pay cash for houses’ and that sounds like a good deal to you.
Well those signs are put up by real estate investors that want to offer you cash for a quick sale.
That sounds great, right?
But people often consider real estate investors without understanding the process.
Don’t worry, we’re here to help with that.
REAL ESTATE INVESTORS
So what are real estate investors? They are people who look for good deals on properties, and they houses, make repairs and improvements, then sell it for a profit. They offer you cash for quick sales.
If you’re in a real estate bind, an investor could be your solution.
Generally, you can find a real estate investor by contacting a local real estate agent who deals with investors.
You may also find them by contacting property investment companies. But make sure you’re dealing with a real investor.
Remember, investors don’t need a license to buy your home, so get references and research the investor carefully.
And always consult an attorney or real estate agent before you sign an investor contract.
WHY SELL TO INVESTORS
There are several reasons you may want to sell to an investor. Some of the reasons may include: divorce, avoiding foreclosure, you’ve inherited a home you don’t want, or you’ve failed to sell it on your own. No matter why you’re selling, quick payments appeal to most sellers. An investor offers cash, certified funds, an assumption of the mortgage, and scheduled payments.
One main reason people turn to real estate investors is that they haven’t had success in selling their home. Problem properties don’t bother investors. If the home is in foreclosure, probate, or needs repairs, an investor will buy it. Say you have a tenant who has stopped paying rent, and he’s even damaged the property.
A real estate investor will hire an attorney to handle the eviction, then repair the property. Or maybe your property needs extensive repairs to bring it up to code, and you can’t afford these repairs. Investors are experts in repairs. They’ll pay you cash, and close before more violations pile up.
ADVANTAGES OF AN INVESTOR
There are some additional advantages of selling to an investor.
First, with an investor there’s no realtor commission to worry about.
And with an investor you don’t need to worry about fixing your home up to get it to sell.
They’ll buy it as is.
Plus, they’ll generally make you a cash offer in 24 hours or less, and close in just a few days.
And you’ll only need to worry about one open house and inspection.
Once everything is all set, you can also negotiate your move out date.
DISADVANTAGES OF AN INVESTOR
The main disadvantage of selling to an investor is that you make less money selling to an investor.
That’s because the investor’s goal is to make a profit.
They are the ones that have to pay closing costs, repairs, holding cost, and taxes, after all.
Many property investors are willing to work with home sellers.
They are creative and flexible and offer several ways to help solve your home selling dilemma. Some options include joint ventures, lending money, and wholesaling.
Selling your property is a major decision, and not all real estate investors are the same. You want experienced, trustworthy professionals for such an important transaction.
If you need to sell your home fast in New York, for whatever reason, contact us today. We’re here to help every step of the way.